Business & Money | Thursday 3 September, 2015 3:43 am

AlShiaka Holds its First Board Meeting

AlShiaka, a Saudi men’s outfitters specialized in designing and making men’s thobes, held its first Board meeting on Thursday 27 August 2015. This move comes after SEDCO Holding Group's acquisition of 40% of AlShiaka. In the meeting, Mr. Anees Ahmed Moumina was appointed as Chairman ...

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Business & Money | Wednesday 2 September, 2015 2:33 pm

Jumeirah Group to operate luxury hotel

Jumeirah Group, the global luxury hotel company and a member of Dubai Holding, has been appointed by leading property investment company RP Global to operate a mixed-use development within RP Global’s US$1 billion iconic tower. The Jumeirah Business Bay will include a 200-room luxury Jumeirah ...

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Business & Money | Wednesday 2 September, 2015 2:31 pm

Emerson Climate Technologies Opens Its New Manufacturing Facility in Dammam

Emerson Climate Technologies, a business segment of Emerson, a leading provider of heating, air conditioning and refrigeration solutions for residential, industrial and commercial applications, announced the grand opening of its new, state-of-the-art manufacturing facility in Dammam, Saudi Arabia,...

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Business & Money | Wednesday 2 September, 2015 2:18 pm

NWC using new shipping methods to provide more Zamzam water packs for pilgrims

NWC, official operator of the King Abdullah bin Abdulaziz Zamzam Water Project, said the project has succeeded in producing 100 million packs of the holy water to meet increasing demand this Hajj season. Preparations started early and production capacity has also been increased. Eng. Said Misfer ...

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Business & Money | Wednesday 2 September, 2015 12:38 pm

A Unique Shopping Experience in the First Lifestyle Center in the Kingdom

Raj Real Estate company (subsidiary of AL Rajhi United) and Baseel properties company, announced the signing of a joint venture to launch “Riyadh Walk”, a large-scale real estate commercial project that is designed to become the new destination for shopping, dining and leisure in the...

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Business & Money | Wednesday 2 September, 2015 12:24 pm

UAE Portal Launched Containing the Largest Property Database

Propertytrader.ae, a real estate portal launched in January 2014 is set to become the primary resource for everybody interested in the Dubai property market.  With a database of over 30,000 property listings throughout Dubai and the UAE, the portal provides...

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Business & Money | Wednesday 2 September, 2015 12:17 pm

evian Debuts New Bottle Design in Saudi Arabia

 evian today premieres its newly-designed PET bottle in the Kingdom, adopting a perfect symphony between substance and form. The launch follows the successful debut in the UAE and it is now being rolled out in key markets across the GCC. The new design represents a major breakthrough, fitting...

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Business & Money | Wednesday 2 September, 2015 12:09 pm

First Homes in Dubai South to be Ready within Six Months

Luxury real estate developer DAMAC Properties is to deliver the first homes within the Dubai’s flagship project, Dubai South, within the next six months.   The 145 sq km city, which includes the Al Maktoum International Airport and the site for the World Expo 2020, has...

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Business & Money | Wednesday 2 September, 2015 8:29 am

JADWA Investment - Saudi Chartbook Sep 2015

Economic activity recorded a seasonal slowdown in July, in line with the usual pattern around the Eid al-Fitr holidays. The net withdrawals from government accounts with SAMA fell to its lowest point in ten months with all three main government accounts recording small net monthly changes. This led ...

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Business & Money | Wednesday 2 September, 2015 6:12 am

The First Group Names ‘Arabian Jewel’, Saudi Footballer Majed Abdullah, As Its Newest Ambassador

Saudi Arabian football legend Majed Abdullah is the latest international sports star to endorse leading Dubai-based property developer, The First Group. The much-loved former striker for Saudi Arabia and Riyadh’s Al Nassr FC, who was affectionately known as the ‘Arabian Jewel’...

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